Company

Company
A company is a corporate enterprise that has a legal identity separate from that of its members; it operates as a single unit in which all members participate. Companies can have limited or unlimited liability and may be registered or unregistered.
Enterprise
An enterprise refers to a business firm or company, often applied to a newly formed venture. It is an organization engaged in commercial, industrial, or professional activities with the primary objective of earning profit.
House
In various contexts, the term 'house' can denote different meanings ranging from a dwelling for residence to a business establishment engaged in securities or investment banking.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.